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Voting and Absentee Ballots

The application, the ballot, the primary, the election

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The new normal - issues arising over absentee ballots, applications, and long lines at polling locations have become commonplace in 2020 - meddling with our inalienable right to vote.

genusConnect App

with Joe Gleason, CEO of Genus, Inc.

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Joe Gleason, creator of genusConnect, discusses this comprehensive healthcare app which provides an innovative way for families, patients, and caregivers to work together through hardship and...

Your Driving Skills

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Covid-19 and the Courts

with Chief Justice Bridget McCormack, Michigan Supreme Court

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Chief Justice Bridget McCormack, Michigan Supreme Court, addresses how the Covid-19 pandemic has changed the way the courts conduct business with Zoom technology, the pros and cons of this...
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Coronavirus Resources

Key Financial  Tips - Don’t Panic!
Laurie Blume
/ Categories: Financial, Money Management

Key Financial Tips - Don’t Panic!

Remain Calm in Turbulent Times

Here are a few financial tips for those of us who are Gracefully Greying adapted from the Financial Manager and AARP Magazine:

  1. Do not panic. Panic is the enemy.
  2. Diversification is your safety net. Make sure that your money is spread among different types of investments, such as U.S. stocks, foreign stocks, bonds and publicly traded real estate trusts. Investing in mutual funds is safer than buying individual stocks and bonds.
  3. It is hard to plan for economic calamity.
  4. Think twice before paying off your mortgage if it uses up a lot of cash.
  5. Do not panic and sell too early. This is how most people get hurt by market downturns. Panic is your biggest enemy.
  6. Do not be overconfident either. There are always down turns in the market. The four most dangerous words when the markets have been strong for a long time: “This time it’s different.”

Another good read is Suze Orman's article 10 Steps to our Ultimate 'Retirement, published in AARP.  Another important read is published by U.S. News & World Report, What the Coronavirus Means for Your Retirement Finances.

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